Headlines

Marathon Oil Stock Jump On Monday, Outperforms Market

(VIANEWS) – The NYSE ended the session with Marathon Oil jumping 9.91% to $26.33 on Monday, after five successive sessions in a row of gains. NYSE jumped 0.73% to $15,487.76, after five successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

Marathon Oil’s last close was $23.96, 28.31% under its 52-week high of $33.42.

About Marathon Oil

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Marathon Oil has a trailing twelve months EPS of $-1.83.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 33.99%.

Sales Growth

Marathon Oil’s sales growth is negative 4% for the current quarter and 8.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40%, now sitting on 7.7B for the twelve trailing months.

More news about Marathon Oil (MRO).

Leave a Reply

Your email address will not be published. Required fields are marked *